NC 20-309.2. - NC 20-309.2.

§ 20-309.2. Insurer shall notify Division of actions on insurance policies. (a) Notice Required. - An insurer shall notify the Division upon any of the following with regard to a motor vehicle liability policy: (1) Issues a new or replacement policy. (2) Terminates a policy, either by cancellation or failure to renew, unless the same insurer issues a replacement policy complying with this Article at the same time the insurer terminates the old policy and no lapse in coverage results. (3) Reinstates a policy after the insurer has notified the Division of a cancellation or termination. (a1) Division Records. - The Division shall ensure that its records accurately reflect the insurance coverage status of each owner of a motor vehicle registered or required to be registered in this State by re...